The government has instructed factory owners to pay their workers’ salaries, bonuses and arrears for March and April by April 28, following which a public holiday marking Eid-ul-Fitr will begin.

The Bangladesh Bank yesterday ordered banks to immediately adopt strict measures to discourage imports of non-essential items in a bid to rein in the escalating import payments and avert any pressure on the foreign currency reserves. 

Bangladesh’s rice consumption may marginally rise to 3.7 crore tonnes in the marketing year (MY) 2022-23 as the government continues to run food assistance programmes for the poor for a recent food price hike, said the US Department of Agriculture (USDA) last week.

Some agricultural and gold products would be traded in the first phase on the the country’s first ever commodity exchange to be launched this year, Asif Ibrahim, chairman of the Chittagong Stock Exchange (CSE), said yesterday.

Bosses indeed play a key role in determining a worker's happiness factor. More than half of the employees responding to an annual job-satisfaction survey admit they do not leave companies, they leave bosses.

Despite the Russia-Ukraine war and a ban on some banks on the use of global payments messaging network SWIFT, apparel shipment from Bangladesh to Russia has largely remained unscathed because of the use of alternative routes and payment channels, exporters say. 

The Chittagong Stock Exchange (CSE) is planning to launch the country’s first commodities exchange, or futures market, this year, aiming to reduce the price difference of commodities between what consumers pay and what producers get.

The foundation of Bangladesh's economy is heavier than the tourism-dependent economy of Sri Lanka as it is driven by garment exports, remittance and agriculture, economist Binayak Sen said today.

When we speak of diplomacy, political issues and conflicts usually come to mind. Economic issues, however, are equally important. Some would even argue that they are even of greater importance. Why? Because most of the bilateral and multilateral cooperation revolves around generating new business, facilitating established business and enhancing trade ties -- all key essential elements for the sustenance of a nation.

The National Board of Revenue (NBR) has unearthed more than Tk 1 crore VAT evasion by PHP Float Glass Industries Ltd after poring over the documents filed by the Chattogram-based company for the period from the fiscal year of 2013-14 to 2017-18.

Bangladesh is turning into a major sourcing hub for sweaters for international clothing retailers and brands as work orders are shifting from China and global fashion trends are changing.

Bangladesh’s economy is on a safe trajectory and it faces no impending danger, Finance Minister AHM Mustafa Kamal said yesterday while referring to the ongoing economic crisis in neighbouring Sri Lanka.

The government yesterday appointed a foreign joint venture as the service provider for maintenance of the Padma bridge and running toll realisation activities for five years.

The government yesterday awarded 66 exporters a National Export Trophy based on the highest shipment volumes in fiscal year 2017-18 while businesses called for developing skilled manpower to meet the needs of the expanding economy.

Custom House Chattogram yesterday seized a consignment of Sagar Jute Diversified Industries containing just a sixteenth of the value of products it had declared to be exporting, in what appears to be a fraudulent incentive claim attempt.

Nearly 700 women artisans in a village under Dupchanchia upazila of Bogura have been making tomtom and other toys from bamboo, papers, earthen pots, and colours for decades, changing the economic conditions of their families. 

Bangladesh’s trade deficit escalated by 80 per cent in the first eight months of the ongoing fiscal year in the wake of a surge in import payments against lower exports receipts.

Production in spinning mills in this peak season has remained halted over the past six days because of a severe crisis of gas for overhauling at the Bibiyana gas field.

At a time when the key index of the Dhaka Stock Exchange (DSE) is on the decline and turnover plummeting, the SME index has skyrocketed for an influx of investors lured by “risky” shares on speculations that they would rise further.

Chattogram Port Authority (CPA) has appointed a South Korean joint venture company as the international consultant for the construction of the much-awaited Bay Terminal which would enable the country’s premier sea port to accommodate bigger vessels.